5G will fast track Canada’s productivity and GDP growth: ICTC

OTTAWA – While 5G is expected to affect Canada’s economy and society in ways that outpace that of recent technological developments, holding an accelerated auction of the key spectrum by 2019 will create substantially more jobs and have a greater impact on the country’s GDP, says a new report by the Information and Communications Technology Council (ICTC).5G: Jumpstarting Our Digital Future explores specific 5G-related skill needs and the impacts of 5G on GDP and employment in Canada according to two auction timelines. Estimating a total economic impact ranging between $14 billion to $26 billion depending on external economic influencers, a...